The global paints and coatings market was worth US$ 160.5 Bn in 2017 and estimated to be growing at a CAGR of 6.0% from 2019 to 2024, to reach US$ 234.8 Bn by 2024. The global paints and coatings market is segmented based on resin type, technology and application. The market for paints and coatings, on the basis of resin type, is segmented into acrylic, epoxy resin, alkyd, polyurethane, polyester and others. On the basis of technology, the market is segmented into water-based technology, solvent-based technology, high solids, powder coating and others. Application of paints and coatings is segmented into architectural application and industrial application.